Policy Rules for Open Economies
Published Date
Copyright 1999
ISBN 0226791246
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Copy CitationLaurence M. Ball, Monetary Policy Rules (University of Chicago Press, 1999), chap. 3, https://www.nber.org/books-and-chapters/monetary-policy-rules/policy-rules-open-economies.
Published From Paper
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Working Paper
This paper examines the choice of a monetary-policy rule in a simple macroeconomic model. In a closed economy, the...